Issue: Rules - March 10, 2016

Fannie Four FAQ’s Updated – Dated February 2016 [Lender Responsibilities Related to Environmental Hazards; Appraisal and Property Related FAQ; TILA-RESPA Disclosure FAQ; Homeownership Education and Housing Counseling]

Rule Synopsis: The cost of the Fannie HomeReady (required) online counseling test is $75. Anyone can pay the fee, including the RE agent. With all the changes that have taken place within the selling guide during the last quarter of 2015, Fannie Mae has been tasked with updating multiple FAQ and Fact Sheets for various […]

A subscription is required to access this content—please view our available subscription options. If you are a current subscriber, please log in.

Desktop Originator/Desktop Underwriter Release Notes DU Version 10.0 [Effective June 25, 2016 – Dated February 23, 2016]

Desktop Originator/Desktop Underwriter Release Notes DU Version 10.0 [Effective June 25, 2016 – Dated February 23, 2016] Rule Synopsis: Are small business owners taking another hit? Fannie Mae releases stricter guidelines for Self-Employed Buyers! Trending now! Fannie Mae implements “trending credit” data starting on June 25, 2016. Contact me for details! The changes included in […]

A subscription is required to access this content—please view our available subscription options. If you are a current subscriber, please log in.

Fair Lending Exams-Part Two-Supervisory History

Rule Synopsis: Repeat this: “Once our company is under the microscope, we will stay under the microscope.” Being under the microscope with the regulatory bodies will easily add increased costs through staff, attorneys on retainer and consultants. The goal is to be so well prepared that the examiner feels confident that your company complies with […]

A subscription is required to access this content—please view our available subscription options. If you are a current subscriber, please log in.

Scroll to Top